Where bitcoin sits in its Power Law channel right now — and what that has meant for a position. A live read, computed in your browser from the same trend the rest of the site uses.
A read of where things stand, not a signal about where they go next. Every figure below shows its own derivation.
Today’s price divided by the trend, placed on the shared channel scale and named with the site’s one channel vocabulary?The same graduated label used by the channel ribbon and every position readout on the site — one scale, so the words never disagree..
Spot from a live fetch when it resolves; until then, and if it fails, the latest monthly sample — labelled honestly, never “live” unless it is.
The Power Law trend at bitcoin’s age today — A·days5.77. Floor and upper band are the historical channel edges, 0.42× and 3× the trend.
— have closed below trend. Below trend is bitcoin’s ordinary condition, not an anomaly — counted live across every monthly sample since 2010.
Both derived from the Power Law exponent alone: the trend doubles when bitcoin’s age grows by 21/5.77−1. Later doublings take longer in days because the same fraction of a larger age is more time.
Where a tool already reads today’s channel position, these links carry it in.
Get the essays and tool updates
A few emails a month when something new ships — an essay, a new tool, a meaningful update. No funnel, nothing for sale, unsubscribe anytime.
Every page on this site has been improved by someone pushing on it. Ask a question, flag an error, or suggest what’s missing — it goes straight to the author, never published.